Member Info for ojls

I think Monecor are continuing to load up at this level given that the SP has moved very little and any sells are being absorbed instantly.
https://en.wikipedia.org/wiki/ETX_Capital Looks at the Monecor and ETX connection.
ETX Capital. ETX is an acronym for the services the company offers; Electronic Trading, Telephone Trading and Execution Services.

Its a shame about the lack of patience from retail investors. Selling at this level is simply giving shares away.
Cash shell value alone of +3p With RTO confirmation CZN could achieve +8p in a relatively short time period depending on the RTO execution conditions.

In the grand scheme of things its not a big deal. The fact however still remains that SIG have done a reasonably good job of weathering Covid19 with limited disruption to service delivery (Plus the SP at the beginning of the year sat at 200% more than the current)
Buy, Hold and wait for double money!

Marvellous - That should put a rocket under the SP

It looks like we will have to settle for a fairly uneventful day with profit takers dropping the SP short term.
Given the placing funds the RTO process there is very little to hold the SP back in the coming weeks. Pre RTO we could see 3p+ with far higher depending on the conditions of the agreement with SSSIG. For the sake of a week or two wait there is no good reason to sell at this point.

I rarely like seeing the word 'placing' in an RNS but given the end result the funds will be used for we can't really complain.
Possibly a brief dip for the SP today but we could easily see 3p pre RTO which is likely to be confirmed later this month.

SP holding up well despite a flurry of sells after lunch. I wouldn't be surprised to see a few decent size buys stated after hours.
SP currently 100% away from the value of a cash shell. (look at MTFB - Billions of shares in issue and yet it rose 600% at one point in May) CZN have better backers, more money and half the expenditure.

Absolute wall of buys with volume way over what has been seen in recent weeks. It looks like the penny has finally dropped.

Another one. Someone is having fun (while losing money on their broker fees).
Ask will almost certainly be moving up and over 1.5p today. Lots of interest with RTO announcement due shortly in-line with the exclusivity arrangement/expiry.
Minimum value of 3p here. RTO confirmation could send the SP much further.

Its a very real possibility that we will get an RNS on Monday morning to announce the partnership along with the DFS.
Without the partnership the DFS should still be here within days which begs the question... why are sellers handing shares over on the cheap this morning.

Nice bit of buying pressure today and at some points the spread has almost been reasonable.
Share talk indicating potential break out to over 2p.
RTO news in the pipeline
Cash shell value alone is north of 3p.
There quite frankly is no reason not to buy at this level. Well done to those that got in in recent weeks at sub 1.1p

Its purely my opinion. We will have to wait to see who is right as my crystal ball is currently out of order.

After the planning decision it is usually only a few days. Maybe a couple of weeks at most.
Lets hope it arrives fairly soon as the slipping SP is looking a bit silly given the partnerships and planning granted.

Given the spread in recent weeks we have seen upward (and unfortunately downward) swings of nearly 40% on very little volume. The MM's have very little stock so one sniff off positive news and we will see big gains very quickly. RTO news cant be far away given the timelines originally proposed by the BoD.

Couple a £600k transactions reported after hours. Bang on the SP so you would expect are pre-negotiated buys (unless I have missed something)

Its only natural to see a bit of negativity creeping in after what has been a long a wait for many holders. Wellesley didn't make an offer blind. They knew what they were bidding for which leads me to believe the BoD have to take it seriously and need to make structural changes before the offer can either be accepted or negotiated. Happy to hold for news.

Thankfully the wait is likely not going to be very long.
Everyone sitting on their hands for now waiting with very few sellers available and limited buyers willing to stomach the 15%-20% spread.

The MMs are not helping anyone here. Spread still pretty wide which does lead me to believe they dont have a clue where this could go. Happy to hold and wait. If the RNS lands confirming the RTO the SP will double/triple in a day.
Potential for big gains in a relatively short period of time

Provided you can wait the shares are as good as free at this level as the SP will need to be significantly higher to meet the fair value of both the funding partnerships and the planning permission. 10p easily in sight with double that if the BoD secure gov funding and get the building underway fairly soon.
As I said yesterday the current SP is a bit of a joke given the balanced risk/reward for a long term hold.

The SP is starting to look like a bit of a joke. Major backing and the requisite permissions to get a massive green energy project away and the MCAP is £21m.
Value massively out of kilter with the rest of the market. If they had Pharma or Bio in the company name we would be worth £200m on the 2 recent RNSs.